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US Job Growth Resilient Despite Economic Concerns | JQJO

US Job Growth Resilient Despite Economic Concerns

US Job Growth Resilient Despite Economic Concerns

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U.S. job growth remained surprisingly strong in May, adding 139,000 nonfarm payrolls despite economic headwinds. This exceeded expectations, although April's numbers were revised downward. The unemployment rate stayed at 4.2%, while average hourly earnings rose 0.4%. Health care led job gains, while government job losses reflected ongoing reduction efforts. Despite positive employment figures, some inconsistencies exist between establishment and household surveys.

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